Personal finance

Concerns about high inflation and a possible recession have not only impacted the financial lives of many American workers — they’re also now changing the type of workplace perks that employees say they’d value most. Some employers are taking notice and expanding their offerings.  More from Personal Finance:Here’s the inflation breakdown for September 2023 —

Martin-dm | E+ | Getty Images Gen Zers are cutting back on spending. More than half — 53% — say a high cost of living is a barrier to their financial success, according to a new survey from Bank America. Nearly 3 in 4 young adults surveyed — 73% — have changed their spending habits

Without the promise of broad-based student loan forgiveness, there’s another option for eliminating higher-education debt before it balloons. Through dual enrollment, high school students can complete college-level coursework and even receive an associate’s degree by the time they graduate. That can shave years off the cost of a bachelor’s degree, in some cases cutting the

Peter Cade | Stone | Getty Images Plenty of people feel like they are behind on their retirement savings. But what exactly does “behind” mean? More than half, 56%, of American adults in the workforce say they are behind where they should be when it comes to saving for their retirement, including 37% who reported

D3sign | Moment | Getty Images If you have yet to purchase your fall and winter holiday travel and are hoping for a bargain airfare, time is running out. While ticket prices have plateaued in the last two weeks, travel experts expect them to spike soon. “Travelers are going to miss out on the opportunity

Synthetic-exposition | Istock | Getty Images The standard monthly premium for Medicare Part B will increase by $9.80 per month in 2024, according to the Centers for Medicare and Medicaid Services. That means the standard monthly premium will go up to $174.70 in 2024, an increase from $164.90 in 2023. The new rate is in

Without broad-based student loan forgiveness, some colleges have a new strategy to keep students from drowning in debt.   Roughly two dozen schools have introduced “no-loan” policies, which means they are eliminating student loans altogether from their financial aid packages. “College is expensive — we have to make sure we keep it accessible,” said Nicole

Inverse Couple Images | Moment | Getty Images Consumers have been hearing a lot about inflation in the U.S. economy since early 2021, and rightfully so. At their pandemic-era peak, consumer prices were rising faster than at any point in 40 years. But the dynamic seems to have shifted. Inflation has been declining gradually, which

Creatas | Creatas | Getty Images Before the pandemic, the federal student loan system caused borrowers frustration and confusion. As the Biden administration resumes payments this month for some 40 million Americans after more than a three-year reprieve, the situation has been especially difficult. Borrowers describe receiving incorrect bills and spending hours on the phone

Staticnak1983 | E+ | Getty Images Recent indicators show that women are increasingly eager to put their money to work outside of traditional portfolio offerings.  For instance, women accounted for 31.2% of angel investors in the first two quarters of 2022, a slight increase from 30.3% in the same period in 2021, according to a

Kate_sept2004 | E+ | Getty Images Despite economic uncertainty, it’s still possible to build and preserve generational wealth, experts said Thursday at CNBC’s Financial Advisor Summit.   “There’s a real chance of a soft landing” for the economy, said Mel Lagomasino, CEO and managing partner of WE Family Offices, which has locations in New York City

Fg Trade Latin | E+ | Getty Images Social Security beneficiaries are set to receive a 3.2% increase to their benefits in 2024 based on the annual cost-of-living adjustment, the Social Security Administration announced on Thursday. The change will result in an estimated Social Security retirement benefit increase of more than $50 per month, on